ARTICLES LABELLED WITH TAG Poland

News CTP to build 119,000 sqm warehouse complex at Gdańsk's port
28
Mar
2023

CTP to build 119,000 sqm warehouse complex at Gdańsk's port

by Property Forum
CTP is entering the Pomeranian regional warehouse market in northern Poland - the construction begins at CTPark Gdańsk Port. The Park is set to be the first investment in that region in the company's portfolio with an overall cost of €72 million, including land acquisition, and a yield on cost of around 10%, and will offer tenants two buildings with a total area of almost 119,000 sqm. The first phase of the project is scheduled for completion in the fourth quarter of this year. 
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News Panattoni starts construction of warehouse park near Lublin
28
Mar
2023

Panattoni starts construction of warehouse park near Lublin

by Property Forum
Having delivered nearly 200,000 sqm in the Lublin region, Panattoni has purchased more than 10 ha within the Economic Activity Zone in Świdnik and has started construction of Panattoni Park Lublin IV. The investment will occupy 53,900 within two buildings and will be delivered later this year. The complex already has 3 tenants, including high-tech manufacturing companies.
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News Urszula Matej-Bil joins EPP's Management Board
28
Mar
2023

Urszula Matej-Bil joins EPP's Management Board

by Property Forum
Effective from the beginning of March 2023, Urszula Matej-Bil has been appointed Management Board Member responsible for marketing and communications at EPP, the largest asset manager of retail real estate located in Poland. She has been at the company since 2019 when she joined its structures as PR and Communications Director.
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News Panattoni starts construcion of  25,000 sqm City Logistics Łódź VI
27
Mar
2023

Panattoni starts construcion of 25,000 sqm City Logistics Łódź VI

by Property Forum
Panattoni has started the development of 25,000 sqm of speculative space on ul. Dostawcza in Łódź. It is to be a brownfield development built on the site of a former gas bottling plant. City Logistics Łódź VI is to be certified under BREEAM for a rating of ‘Excellent’ with the developer to take measures such as preparing the roofs for solar panel installations.
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News Investors have ambitious construction plans for Poland's PRS sector
27
Mar
2023

Investors have ambitious construction plans for Poland's PRS sector

by Property Forum
The prolonged conflict in Ukraine (the refugee wave) and the significantly reduced credit scores increase the demand for renting apartments and thus, affect the development of the PRS market in Poland. The institutional rental sector will also grow due to the changing perception of homeownership by young people, who value mobility and do not necessarily need to own a home. According to Eurostat data from 2021, about 30 percent of the population in the European Union live in rented apartments, while in Poland this number amounts to only about 13 percent. Paulina Brzeszkiewicz-Kuczyńska, Research and Data Manager at Avison Young Poland, summarises this sector's current situation. 
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News Globalworth’s portfolio value flat at €3.2 billion in 2022
24
Mar
2023

Globalworth’s portfolio value flat at €3.2 billion in 2022

by Property Forum
Property group Globalworth said its total combined portfolio value remained effectively unchanged at €3.2 billion during 2022 compared to 2021, while investments in logistics/light-industrial facilities in Romania and the refurbishment/repositioning of two mixed-use properties in Poland totaled €52.2 million. 
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News Resi4Rent delivers another investment in Warsaw
23
Mar
2023

Resi4Rent delivers another investment in Warsaw

by Property Forum
The new investment is a continuation of the Resi4Rent Warsaw Woronicza project. It is a 5-story building with 344 subscription apartments.
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News City Space to open its first location in Łódź
22
Mar
2023

City Space to open its first location in Łódź

by Property Forum
Fuzja is the first Łódź location of CitySpace, an operator of flexible office space. The concept, owned by Echo Investment, will occupy an office building on the site of the former Karol Scheibler plant, where the Fuzja mixed-use project is currently under construction. The location encompassing the entire office building on an exclusive basis is new to CitySpace. MIXD studio is responsible for the interior design. The opening is scheduled for May 2023.
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News Panattoni delivers 9,000 sqm BTO for DHL in Wielkopolska
22
Mar
2023

Panattoni delivers 9,000 sqm BTO for DHL in Wielkopolska

by Property Forum
Panattoni has completed a new build-to-own development for DHL Parcel. The new owner will be making use of a cross-docking centre with an area of almost 9,000 sqm, which the company acquired late last year. The development in Kostrzyn is yet another built-to-suit centre constructed by Panattoni for the DHL group and yet another in the Wielkopolska region.
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News Czech UDI Group starts to build more apartments in Warsaw
22
Mar
2023

Czech UDI Group starts to build more apartments in Warsaw

by Property Forum
Czech developer UDI Group has started construction of more apartments in the Polish capital. As part of the Classic Ursus project, it has now started construction of the second phase, in which it will build a total of 272 apartments in two apartment buildings. The phase also includes a challenging reconstruction of the listed original entrance building to the Ursus factory. A total of 960 apartments will be built in the Classic Ursus project in Warsaw under the Czech developer's management for a total cost of CZK 2.8 billion (€117.7 million).
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Latest news


New leases

  • Intersport will open a new large outlet in the recently refurbished GOBUDA Mall in Budapest in Q3 2023. The firm joins German retailer Wellensteyn and Hungarian retailer Budmil, both started to trade there in March. A new Wok'n Go restaurant will be available in the mall in the Summer.
  • Wolt has leased office space in Warsaw's Lumen building. As a result of the transaction, the new tenant has taken nearly 900 sqm. The office building in the centre of Warsaw is owned and managed by Globalworth Poland.
  • Lighting company Wojnarowscy has agreed a lease renewal for 3,870 sqm of warehouse and office space in Panattoni Park Sosnowiec II. The tenant was advised on the lease renegotiation by experts of real estate advisory firm Newmark Polska.

New appointments

  • CPI Property Group is expanding its retail leasing department. Dariusz Kafara has been appointed as the new Leasing Manager. At the Warsaw branch of the company, Dariusz is responsible for maintaining the maximum level of commercialisation in two retail park chains from the group's portfolio - CityMarket and STOP SHOP.
  • Brian Nyeng Olesen, formerly head of commercial at the Salling Group, has been appointed as the new managing director of Netto Polska. The position was previously held by Hugo Mesquita.
  • M Core appoints Magdalena Kowalewska as the new Chief Operating Officer at LCP Properties, Poland. This comes at the same time that Krystian Modrzejewski has accepted a post as the Group Head of Expansion for Poland, where he will be responsible for realising the opportunity for land and asset acquisition in aid of portfolio growth. LCP Properties Poland is part of the M Core group, which brings together family-owned companies that invest in and manage real estate. It comprises LCP, Proudreed, Sheet Anchor, GIPAM and Evolve Estates.


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